Grenergy has raised financing for the fourth phase of a solar-plus-storage project in Chile set to feature 11GWh of battery storage capacity when completed.

Netherlands’ climate minister has allocated €100 million in subsidies to the deployment of ‘time-shifting’ battery storage with solar PV projects for next year, an acceleration of a larger €400 million-plus programme.

The European Union (EU) Commission has approved a state aid scheme aiming to fund the rollout of over 9GW/71GWh of energy storage in Italy.

The UK looks set for the arrival of energy storage in a big way this year. While these companies and their battery chemistries are fighting it out for both market share and brand awareness, several energy storage systems have been deployed already on a commercial basis using a more novel storage technology – the saltwater battery.